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27 China's Growth Is Coming at the Rest of the World's Expense

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msmash @ Slashdot 2 place · today 15:30 EDT

China's Growth Is Coming at the Rest of the World's Expense

China has contributed less to global growth this year than the U.S. despite Beijing's frequent criticism of protectionism, according to a Wall Street Journal analysis citing new research from Goldman Sachs economists. U.S. imports are up 10% so far this year compared to a year earlier, while China's imports have fallen 3% in dollar terms. Goldman's economists found that the historical relationship between Chinese growth and global growth has turned negative; where 1% more Chinese output once raised world ou

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